Business continuity planning group graphic

Javascript DHTML Drop Down Menu Powered by dhtml-menu-builder.com

 

Business Impact Analysis

 

The “cornerstone” phase of Business Continuity Planning is the

Business Impact Analysis (BIA).

 

The BIA Phase defines and quantifies all the reasons you produce a Business Continuity Plan. More importantly, the more factual, understandable and informative your BIA is, the better your chances are for success. If your BIA clearly communicates the inherent vulnerabilities of the systems you are trying to protect, you will win the endorsement, support and funding of your Executive Management Team. The BIA is a concern of the entire organization, not just the computer systems. To develop a comprehensive BIA, all business units and departments need to be involved.

 

We offer the ability to perform a Business Impact Analysis (BIA) focusing on the following:

  • Work Locations / # of Employees

  • The identification of all critical business functions

  • Operational resources required to perform functions

  • Financial, operational, and customer impacts.

  • For each business function, defining operational deadlines and frequencies, work prioritization, alternate manual workaround methods, length of viability for a workaround method and dealing with lost and/or destroyed work in progress.

The benefits derived from performing a comprehensive Business Impact Analysis may include:

  • Reducing legal liability

  • Minimizing potential economic loss

  • Decreasing potential exposure

  • Reducing the probability of a disaster occurrence

  • Reducing disruption to normal operations

  • Ensuring organizational stability

  • Ensuring orderly recovery

  • Minimizing insurance premiums

  • Reducing reliance on key personnel

  • Increasing asset protection

  • Ensuring safety of personnel and customers

  • Complying with legal, statutory, and regulatory


Related Articles:

Keeping Service Level

 

Key Elements to Business Planning

 

How to Make your Business

Plan Stand out


BC Connect:

Keep or Trash

Important Documents to Scan,

Keep a Backup and Keep Safe.

 

Disaster Stats

What Disruptions can your business face that will effect your bottom line

 

 

All New Ask Garry.

Where your business continuity and disaster recovery planning questions are answered.

407.207.5695

find out more;

 

 

 

 

Services provided by Business Continuity Planning Group

 

Business Impact Analysis in Florida

Risk Assessment in Florida

Plan Development in Florida

Testing and Maintenance Business Continuity in Florida

Audit and Assessment Business Continuity in Florida

 

Business Continuity Planning Group

Providing the missing piece to your puzzle

  

Contact Us:  (407) 207-5695 or (303) 888-2376

info@bcisgood.com

 
Home
About Us
Our Services
BC Facts 
Contact Us
 Site Map